Net worth
November 2008 Score Card — Part I: Net Worth
Another month, another loss.
We ended the month of November with our paper fortune taking yet another hit, though the scale of the loss is much smaller than the one we had in October. For the month, our net worth declined $17,011.73 (3.65%) to a total of $448,925.10, the third straight monthly decline.
Here’s a quick look [...]
October 2008 Score Card — Part I: Net Worth
Because of the vacation in September and October, I haven’t posted an update of our net worth for two months. I ran a quick check before I left for vacation in September and the numbers were not looking good, but still acceptable. However, after I left the country at the end of September, things on [...]
August 2008 Score Card — Part I: Net Worth
Our net worth actually rose a little bit last month!
What I remembered of the stock market in August was that it was as volatile as it has been lately: up 100 points one day, down 200 points the next. So it’s hard to tell how the stocks and mutual funds we invest in did for [...]
July 2008 Score Card — Part I: Net Worth
Stock markets haven’t been friendly to us for more than a year now. And as stocks declined, so did our net worth.
July could have been a pretty good month if the Dow hadn’t suffered the 200-point lose in the last trading day of the month. But it did happen and, as a result, we finished [...]
June 2008 Score Card — Part I: Net Worth
U. S. stock market fell hard in June 2008, so did our paper wealth (because most of our assets are stocks with only value on paper). When the Dow closed the month at two-year low, there isn’t really anything good to expect and that’s exactly what happened to our net worth.
After two consecutive monthly gains [...]
May 2008 Score Card — Part I: Net Worth
It’s that time of the month again to see how we did in May.
After seeing a robust 9.25% growth in April, our net worth changed modestly last month, gaining 2.11%. That’s the second consecutive monthly increase. As of May 31, our net worth is at $605,520.98, up $12,489.11 from April, thanks to another month of [...]
April 2008 Score Card — Part I: Net Worth
After five straight monthly loses, we finally saw some meaningful increase in our paper wealth in April, thanks to a strong showing in the stock markets. Our net worth has suffered huge losses since last November when stocks peaked and started trading lower and lower amid financial market turmoil. In the past five months, our [...]
March 2008 Score Card — Part I: Net Worth
Just when I thought maybe the worst was over last month after seeing a negligible drop in our next worth in February, we were hit again in March as the stock markets continued to struggle, though the amount lost on paper isn’t as bad as the first couple of months of 2008. In fact, except [...]
February 2008 Score Card — Part I: Net Worth
The harsh reality that the Dow lost more than 430 points in the last two trading days of February didn’t help when it comes the time to count our nest eggs. In fact, the benchmark held a little gain when the market closed on February 27th. But all three major indices sold off on the [...]
January 2008 Score Card — Part I: Net Worth
What used to make us, now broke us.
For a third time in a row, our paper fortune dropped after the broad market suffered deep decline in the first month of 2008. Our calculation showed that at the end of January 2008, our net worth, excluding house and vehicle related items, was at $551,521, down [...]
